Generation Y or popularly known as Gen Y in the west specifically in the US can be confusing as there is no proper definition of who they are. Scholars are equally confused! The periodical Amercian Demographics classify Geny as those who were born 1976 while the famous writers "Howe and Strauss" define hem as class of 2000 or those who were born after 1982. The market research agencies consider 1978 - 2000! So you can get a feeler as to what a relative term this could be anyway.
But widely accept norm on the subject is that Generation Y follows it's more logical Generation X. (Alphabetically, certainly it does). Some defines Generation X as those who were born between 1965 and 1980. Again most are confused in this regard!
Any how the young generation those who were born after 1980 seems to be having their own traits. Even in Sri Lanka they could be considered as a TV generation who were brought up with quite a few TV and radio channels.
At work they don't seems to care much about the norms etc at the work place. Naturally they are out spoken. Seek independence in everything they do. They have least regard for the company that they work. (Meaning in terms of relatively long term employment! Say 3-5 years).
They wiil be easily lured to new offers. Constantly on the look out for new opportunities.
So as managers and companies how do you manage these people?
Well, probably one needs to take a stock of the shoter timeframes these people work on and accordingly have mid term plans for them. Take one year at a time and offer challening tasks for them. Should they find that to be interesting they'll continue. Remember they seek to learn, experience and grow more than anyone else. So create ample opportunities for that!
Also help them see the world in it's entirty. Meaning at times they can be blinded by just one aspect of a opportunity. Then do your bit to explain 'the other side'. But make it very clear to them that you are only giving another opinion. BUT THE DECISION HAS TO BE MADE BY THEM.
One last thing, once they decide to move on, help them as much as possible.
Whts Gen Y
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